The Edinburgh College of Art (Scotland) Order of Council 1995

General Powers

14.  The Board of Governors may, for the purpose of enabling or assisting them in carrying out any of the duties incumbent upon them in terms of article 13 hereof:—

(a) apply any of the assets of the College in the purchase of heritable or leasehold property in any part of the United Kingdom;

(b) sell, feu or excamb any of the heritable property of the College at any time;

(c) administer and manage any heritable or real property forming part of the assets of the College and without prejudice to the foregoing generality—

(i) repair, alter, renew and improve the same and erect additional buildings and structures;

(ii) grant, vary and terminate leases and rights of tenancy or occupany;

(iii) plant, thin and cut down timber and work or let minerals; and

(iv) furnish and equip any such property;

(d) redeem any debts, obligations, burdens, securities or any restrictions in any way affecting the lands or buildings from time to time held by the Board of Governors.